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    1440 Moon River Dr Provo, UT 84604

    Sponsored
    For Sale
    $5,995,000

    15,761 SF Event Center, $5.995M

    Property size:
    15,761 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,761-square-foot creative office space in Provo, Utah, presents a unique investment opportunity. Built in 2000 and extensively renovated in 2018, the single-story building boasts a prime location and offers a versatile layout ideal for corporate headquarters or a multi-use facility. The property includes multiple corporate offices, conference rooms, lounge areas, a breakroom, and a fully equipped kitchen for both corporate and event use. A significant highlight is the large main event/ballroom area, capable of accommodating 350 people for events, complete with high-end audio-visual equipment, staging, video walls, and catering equipment—all included in the sale, valued at over $1,000,000. Additional features include a large storage/warehouse area and approximately 155 potential dedicated parking spaces. The building's design allows for flexible use, with the potential to generate substantial rental income from the main venue when not utilized internally. This turnkey solution offers significant cost savings compared to new construction, making it an attractive option for businesses seeking a modern, well-equipped space with event capabilities. The asking price is $5,995,000. The address is 1440 Moon River Dr, Provo, UT 84604. Total building occupancy is estimated at 600.

    Property Features for 1440 Moon River Dr

    General Information

    Property type
    Office space
    Square Feet
    15,761 SF

    Building Details

    Year Built/Renovated
    2000/2018
    Buildings
    1
    Stories
    1

    HighLights

    • $5,995,000 asking price for a 15,761 square foot creative office building.
    • Located in Provo, UT, near Brigham Young University (BYU).
    • Completely remodeled in 2018.
    • Approximately 155 potential dedicated parking spaces.
    • Includes over $1,000,000 worth of audio‑visual equipment, staging, and other event‑related furnishings.
    • Suitable for corporate headquarters, with potential for event rental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Experience Event Center Event Venue

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Provo
    County
    Utah
    State
    Utah
    Longitude
    -111.6660871
    Latitude
    40.2537668

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    FAQs

    What type of property is this?
    Office space - 15,761 SF Event Center, $5.995M
    Where is this office space located?
    The property is located at 1440 Moon River Dr Provo, UT.
    What is the asking price?
    The asking price for this property is $5,995,000.
    What are key features of this property?
    This property features: $5,995,000 asking price for a 15,761 square foot creative office building.; Located in Provo, UT, near Brigham Young University (BYU).; Completely remodeled in 2018.
    Request Owner's contact information
    1440 Moon River Dr Provo, UT 84604
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1440 Moon River Dr Provo, UT 84604
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